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Questions about college funding.

  • Bhuvaneshwar Mohan profile image
  • Bhuvaneshwar Mohan Original poster
  • Preferred qualification: Undergraduate | Preferred study destination: United States

I'm am a student doing my 11th grade in the US right now. I just moved in and am in my H4(Dependent Visa), which makes me an international student. I will graduate high school in 2017 and will enter college by fall of 2017. I have a few queries about funding for college.

My questions are that:

1. Are there any financial aids available for international students who are planning to do their undergratuate studies in the US?

2. Are ther banks which provide education loans for non US citizens?

and...

3.Do colleges require funds to be allocated before admission or, will there be time after being admitted?

Replies (5)

  • Shikha S
  • Shikha S Expert

Dear Bhuvneshwar, 

Greetings of the Day. 

Thank you for your query. I would like to inform you that there are merit based and need based scholarship available for Undergraduate Studies for International Applicant. But for that you need to be academically strong , should be participative in lot of extracurricular activities and also score good in SAT exam. These are some of the basics. 2. Education Bank Loans is what you will have to check with American Banks but would be good if you apply from India fro Bank Loans because you have Indian Citizenship till now. 3. You need to show funds during application Process but actual money is to be paid only when you have got an admit and VISA for the university and you are about to start the session at university. 

  • Rakhi Jain profile image
  • Rakhi Jain Participant

The most affordable way to study abroad is via an exchange program, in this students are enrolled in a local University degree but take part of their course overseas. Students reamain eligible for student loans in the respective country and may even be able to acess grants to help with their costs. It has been a favourite way for students all around the world to study abroad. 

  • Rakhi Jain profile image
  • Rakhi Jain Participant

The most affordable way to study abroad is via an exchange program, in this students are enrolled in a local University degree but take part of their course overseas. Students reamain eligible for student loans in the respective country and may even be able to acess grants to help with their costs. It has been a favourite way for students all around the world to study abroad. 

  • Nomad Credit profile image
  • Nomad Credit Participant

Hello!

There are a few online lenders out there who will lend to international students in the U.S. Depending on the school you go to, what program you are pursuing and if you have a U.S. cosigner or not will determine what you may be eligible for. 

As far as loans without a cosigner, there is only one company that will lend to undergraduate international students in the U.S. 

I'd be happy to share more information about them if you would like. 

Thank you,

Nomad Credit Team

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  • West Wood Participant

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